It was a slow-paced session, with broader markets remaining stable. In the last two days, equities have risen slightly, but Treasury yields have also risen. 10-year rates have risen somewhat but remain just below 1.30 % for the time being.…
Continue ReadingEarlier in the day, the RBNZ took a more hawkish stance, signaling the end of QE and laying the groundwork for rate hikes at the RBNZ's policy meeting next month. The kiwi soared as a result, with the NZD/USD pair…
Continue ReadingFollowing the bounce off the 0.8530 support region, the EURGBP is constructing an upside rally. However, since April 26, the market has been developing within a declining channel. A boost could break this pattern to the upside in the coming…
Continue ReadingThe USD is stronger to start the trading week. The GBP is the strongest currency in North American trading, while the NZD is the weakest. With the exception of the GBP, the USD is stronger against all major currencies. The…
Continue ReadingUS Stock index futures erase overnight losses, new point to higher open as busy week kicks off: S&P 500 E-mini futures up 0.5%, NASDAQ futures, DOW futures up 0.6% Apple is being investigated by the German cartel office Oil rose…
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